Munjal Auto Industries Ltd
Incorporated in 1985, Munjal Auto Industries Ltd manufactures and sells auto components and designs, develops, tests, and produces various composite molds and products for different industries.[1]
- Market Cap ₹ 800 Cr.
- Current Price ₹ 80.0
- High / Low ₹ 146 / 60.0
- Stock P/E 18.3
- Book Value ₹ 41.6
- Dividend Yield 2.50 %
- ROCE 12.2 %
- ROE 10.7 %
- Face Value ₹ 2.00
Pros
- Company has delivered good profit growth of 62.0% CAGR over last 5 years
Cons
- The company has delivered a poor sales growth of 10.8% over past five years.
- Company has a low return on equity of 9.53% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| 1,214 | 1,236 | 2,123 | 1,916 | 1,984 | 1,882 | 2,066 | |
| 1,143 | 1,190 | 2,040 | 1,833 | 1,894 | 1,761 | 1,949 | |
| Operating Profit | 71 | 45 | 83 | 83 | 90 | 120 | 117 |
| OPM % | 6% | 4% | 4% | 4% | 5% | 6% | 6% |
| 3 | 5 | 5 | 5 | 60 | 24 | 19 | |
| Interest | 4 | 12 | 16 | 12 | 27 | 28 | 31 |
| Depreciation | 20 | 32 | 39 | 36 | 53 | 56 | 59 |
| Profit before tax | 49 | 7 | 33 | 41 | 70 | 61 | 46 |
| Tax % | 23% | 44% | 38% | 27% | 27% | 38% | 16% |
| 37 | 4 | 20 | 30 | 52 | 38 | 39 | |
| EPS in Rs | 3.60 | 0.41 | 2.06 | 2.68 | 5.61 | 3.85 | 3.64 |
| Dividend Payout % | 28% | 0% | 0% | 37% | 36% | 52% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 11% |
| 3 Years: | 3% |
| TTM: | 10% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 62% |
| 3 Years: | 18% |
| TTM: | -4% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 11% |
| 3 Years: | 24% |
| 1 Year: | -6% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 9% |
| 3 Years: | 10% |
| Last Year: | 11% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 20 | 20 | 20 | 20 | 20 | 20 | 20 |
| Reserves | 277 | 269 | 291 | 317 | 364 | 381 | 396 |
| 47 | 123 | 147 | 116 | 282 | 276 | 350 | |
| 220 | 383 | 405 | 508 | 602 | 527 | 471 | |
| Total Liabilities | 564 | 796 | 862 | 961 | 1,268 | 1,205 | 1,237 |
| 200 | 343 | 303 | 263 | 416 | 399 | 440 | |
| CWIP | 25 | 2 | 1 | 4 | 8 | 9 | 18 |
| Investments | 7 | 21 | 26 | 118 | 104 | 171 | 129 |
| 332 | 430 | 531 | 576 | 740 | 626 | 650 | |
| Total Assets | 564 | 796 | 862 | 961 | 1,268 | 1,205 | 1,237 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| 26 | 87 | 59 | 137 | 33 | 127 | 25 | |
| -15 | -139 | -14 | -99 | 37 | -77 | -9 | |
| -5 | 47 | -45 | -50 | -65 | -53 | -15 | |
| Net Cash Flow | 6 | -5 | -0 | -13 | 6 | -3 | 1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 49 | 79 | 66 | 74 | 80 | 54 | 53 |
| Inventory Days | 30 | 36 | 17 | 26 | 50 | 58 | 58 |
| Days Payable | 60 | 110 | 53 | 58 | 76 | 68 | 67 |
| Cash Conversion Cycle | 18 | 6 | 30 | 41 | 55 | 44 | 44 |
| Working Capital Days | 10 | 9 | 19 | 14 | 26 | 21 | 56 |
| ROCE % | 5% | 11% | 11% | 9% | 15% | 12% |
Documents
Announcements
-
Shareholder Meeting / Postal Ballot-Scrutinizer"s Report
2d - Re-appointment of Mrs. Avi Sabavala as Independent Director for five years approved by shareholders.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
29 May - News Paper Publication of Audited Standalone and Consolidated Financial result for the quarter and year ended 31-03-2025.
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
29 May - Annual Secretarial Compliance Report filed for FY ended March 31, 2025 as per SEBI regulations.
- 40Th Annual General Meeting And Entitlement Of Members For Final Dividend 28 May
-
Corporate Action-Board to consider Dividend
28 May - Approved FY25 audited results; recommended 50% final dividend; 40th AGM on Aug 25, 2025.
Annual reports
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from nse
Business Overview:[1]
MAIL, part of the Hero Group, is predominantly owned by the Satyanand Munjal family with a 75% equity stake. The company manufactures sheet metal, composites, molds, components, and assemblies for various industries, including automotive, renewable energy, aerospace, defense, space, railways, and other engineering sectors. Key automotive products include exhaust mufflers, fuel tanks, rims, and BIW parts for two and four-wheelers. In the renewable sector, MAIL produces windmill blades, molds, and other wind energy components.